Publications by Olga Li

#BestInGaming  #PlayOfTitans 

ProgressPlay, a leading provider of iGaming platforms, is proud to celebrate a significant milestone as Arthouros Ioannidis, Head of Account Managers, marks his seventh anniversary with the company. Having held seven diverse roles within ProgressPlay, Arthouros has demonstrated exceptional dedication, versatility, and a profound impact on the company's success.

#BestInGaming  #PlayOfTitans 

EveryMatrix has announced its strongest-ever quarterly financial performance, with net revenue surging 57% year-on-year to €42.4 million in Q2 2024. This exceptional growth was accompanied by an all-time high profit margin of 59%, marking the fifth consecutive quarter of double-digit growth in both revenue and profit margin.

The company's EBITDA reached €25.1 million, representing a 67% year-on-year increase. This stellar performance was driven by significant customer launches, favorable sports trading margins, certification of jackpot engines, and continued expansion across its core business units of casino, sportsbook, and platform.

#GambleLike_Asia  #BettingLegislation 

Philippine President Ferdinand Marcos Jr. has delivered a significant blow to the online gaming industry by announcing a complete ban on the establishment of new Philippine Offshore Gaming Operators (POGOs), also known as Internet Gaming Licensees (IGLs). The decision, effective immediately, follows growing concerns over illegal activities linked to POGOs. It was undertook some measures in the beginning of the year making the start of the regulation year crazy for the country. 

#GambleLike_UK  #BettingLegislation 

The UK Gambling Commission (UKGC) has implemented significant changes to its regulatory reporting requirements for licensed operators. Effective from July 1, 2024, all licensees must now submit quarterly regulatory returns within 28 days of the end of each reporting period. This shift from the previous annual reporting cycle aligns with the UKGC's goal of becoming a more data-driven and risk-focused regulator.

#BettingLegislation 

The Curaçao Gaming Control Board (GCB) has reopened its online portal for applications for B2C, B2B2C, and B2B gambling licenses. This restart comes after a period of closure and aims to address a backlog of applications received before the April 30th deadline. While prioritizing the processing of these existing applications, the GCB welcomes new submissions from operators seeking Curaçao licenses.

#GamingHelps  #GambleLike_UK 

British bookmakers are once again stepping up for charity, pledging to donate all profits from this year's Britannia Stakes at Royal Ascot to a selection of worthy organizations. This marks the fifth consecutive year for this fundraising initiative, solidifying the commitment of the Betting and Gaming Council (BGC) and its members to supporting important causes.